Kevin Lo Joins Facebook

Indicating a clear strategy to gear up its fiber optic network deployment, the social media giant Facebook has hired one of the co-founders of Google Fiber, Kevin Lo. He joined as the director of Infrastructure Connectivity and Investments to help lead Facebook’s partnerships such as Terragraph, a project to bring Wi-Fi to dense urban areas and Facebook’s partnership with Microsoft…

Coats Group Diversifies to Fiber Optic Market

Leading thread manufacturer, Coats Group has bought two businesses related to fiber optic businesses for a combined value of $45m. Coats hopes to expand its influence in the growing and highly profitable fiber optic market segment. The Coats, which makes threads, yarns and fabrics for both industrial clients and ordinary consumers, has acquired Barcelona-based Gotex, which produces high-tech industrial yarns…

Verizon Signs Agreement with Unions

US based Telecom network operator Verizon says they have reached an agreement with the CWA and IBEW on new contracts with the company’s 36,500 employees-mainly wireline and 165 wireless employees in the Northeast. Verizon has been in the news for the past two months ever since the operator announced massive investment plans, followed by a destructive employees strike. Marc Reed,…

ATN Acquires KeyTech Limited

Beverly based Atlantic Tele-Network, ATN has completed the acquisition of a controlling interest in Bermuda telecommunications company KeyTech Limited. The acquisition process combines Bermuda Digital Communications, a leading mobile provider in Bermuda doing business under the “CellOne” name, in the same corporate structure with KeyTech. KeyTech is a Bermuda based company that provides voice, broadband, and cable television services under…

Zero Connect Plans Production Facility in Pickens County

Albia based custom cable assembly manufacturer, Zero Connect announces its plan to start operations in Pickens County, South Carolina. The officials from Zero Connect announced recently that the company will invest around US$1.3 million to start the manufacturing facility that will create 72 new jobs. Explaining his company’s expansion plans, the president Larry Kendall said: “Our expansion to Pickens County…

FTTH Concil Europe Releases the Fifth Edition of FTTH Business Guide

FTTH Council Europe has issued the fifth edition of its FTTH Business Guide, which provides useful insights to business scenarios involved in FTTH to the newbies. Ever since the issue of the document by the Council, it has become a big favorite. The latest one, the fifth edition was released on 16 February 2016. The fourth edition was released on…